Ishr Uk Div Discussion Threads

[kiwi2007] 03/7/2008 07:36

You're spot on moriarty and I'm the goon ;)
I'm sure I read it on their site but maybe it was Grytpype-Thynne that told me?

Think they held quite a few BDEV and TW. (they certainly did in March anyway) - which will account for a bit of the recent fall I guess?

[moriarty] 02/7/2008 16:03

Kiwi where did you get the info on the price they paid? think the prices quoted on the website are the price on the day the info was posted.

They've certainly changed since your 19th June post.

[ben value] 19/6/2008 12:23

Many thanks Kiwi and jonwig

[jonwig] 19/6/2008 09:36

Hi, Kiwi.

I suppose I hadn't the energy to look for their own factsheet link, for which thanks!

Looking at the holdings, you have a valid point. Quite a few of the list of 10 are likely to cut. I suppose the rationale of having a high-yield portfolio is to have so many stocks in it that a few cuts don't materially affect the divi or asset performance.

I don't hold this, but did hold the UK Corporate Bond fund (SLXX) for a while.

[kiwi2007] 19/6/2008 09:18

Just hit the button 5 seconds before you jonwig ;)

The question is, would you feel happy buying these shares at todays prices?

1 RENTOKIL INITIAL PLC 1.04 United Kingdom 4.12%
2 ROYAL BANK OF SCOTLAND GROUP 2.41 United Kingdom 3.95%
3 ELECTROCOMPONENTS PLC 1.56 United Kingdom 3.39%
4 TOMKINS PLC 1.74 United Kingdom 3.29%
5 BRIT INSURANCE HOLDINGS PLC 2.01 United Kingdom 3.09%
6 CARPETRIGHT PLC 7.64 United Kingdom 3.06%
7 DEBENHAMS PLC 0.53 United Kingdom 2.81%
8 PREMIER FARNELL PLC 1.84 United Kingdom 2.74%
9 DSG INTERNATIONAL PLC 0.52 United Kingdom 2.71%
10 FKI PLC 0.84 United Kingdom 2.67%

thats their 10 top holdings as of yesterday...
Certainly a contrarians dream ;)

Edit: the first figure after the name is the price they paid.

[jonwig] 19/6/2008 08:26

The quarterly divi payout isn't fixed, but depends on the constituents.
Add up the last four divis here:



I think you'll find it's around 6.5% to 7.0%.

[kiwi2007] 19/6/2008 08:26

I think they paid out 57p over the last full year


Yield = to 6.95% at this moment according to my calculator.

However you can bet your bottom dollar that some of the constituants will not be paying as big a divi this next year.
However even if divi payments drop 20% that's still a yield well above 5%

[ben value] 19/6/2008 08:16

Where can I find out the yield please?

[m4m] 07/2/2008 11:32

Well I'm looking to get back into this one once it goes above the 50 MA

[m4m] 19/1/2007 16:58

And it finished dead on 1286 K

[m4m] 19/1/2007 12:27

edit to my prev post ;)

Well a profit is not a profit until it's banked and as this one looks like closing below the current 50 Day M.A. 1286 then I'm out and will hopefully look to get back in lower down.


The short term 20DMA also posted a sell signal and 1300 looks strong resistance imho

DYOR etc

[m4m] 02/1/2007 15:21

Onwards and upwards for next few mths until M&A runs out of steam?

If we do get a correction then I'll add as IUKD is a long term one for me.

freda - thx for your info.


Happy new yr to all.

[freda] 20/12/2006 10:56

Pylewell - Ishares are only valued on their NAV (net asset value) so if the 50 shares they are attached to decrease in value, so to will IUKD. In the short term, you can expect IUKD price change to mirror UKX or ASX. It is only over the long term that you would see (hopefully upwards) deviation from these two indexes.

[freda] 19/12/2006 13:36

Hi All
I have been holding IUKD since their inception, but would like to make the following points:
Because IShares are Irish registered, they do not come with the tax credit. Thus as a UK 40% tax payer, the dividends are taxed at 40% rather than the normal 25%. As the dividend is fairy high, this becomes important. I hold all my IUKD in an ISA. I hold other IShares with minimal dividends (e.g. FXC) outside of ISAs.

If you like high yielding investments, have a look at

It is a UK dogs of the dogs approach. It has done well in the past, but likely to do badly with the next update due to holdings in partygaming and British Energy.

[pylewell] 16/12/2006 22:48

Would anyone care to comment on whether these shares would hold their price fairly well in a recession? I note that they lost 10% of their value in the May downturn, which seems a bit out of place as surely the dividends dont change that much.

[humphbumph] 24/11/2006 22:16

Absolutely.

[i8mondays] 24/11/2006 19:30

Sorry to ask a tax question but As i understand it dividends in ishares are recieved without tax being deducted at source, if they are held inside a maxi isa do they remain truly tax free not having to be declared?

Thanks

[humphbumph] 23/11/2006 17:37

Actually, totting up the 4 quarterly divis paid during 2006 you get 48.58p which on today's mid-price comes to 3.93%. Of course if you took the price at the end of each quarter, which I can't be bothered to do, it would come to considerably more. Anyone fancy coming up with a defensible calculation of the dividend yield?

[humphbumph] 23/11/2006 17:24

Am I miscalculating here? It seems to me that there is no reason why the actual share price should go down on the day it goes XD apart from the exact amount of the dividend itself. The net asset value remains the same apart from the amount paid out of the pot as dividend. Glad to hear someone else's view on this!

One other point. It appears to me that the dividend yield at today's closing price (taking into account the variability of the underlying dividend flow over each quarter in the year) is just over 4%. That seems counterintuitively less than I had hoped.

[trader horne] 29/9/2006 19:37

me too, while hands full collecting losses in and out of BLT and BUR and collecting losses, this one's behaved beautifully - but now FTSI hitting the 6000 ceiling again - maybe time to worry.

[m4m] 29/9/2006 11:59

Do you know there's some stocks in my portfolio that i 'forget' about and this is one of 'em

[littleredrooster] 29/9/2006 11:52

A new all-time high. The strategy seems to be working.

[littleredrooster] 31/8/2006 13:03

That's what I think too.

[trader horne] 30/8/2006 20:27

Rooster,
good of you to post that data. So the 10p drop today was us going ex-div.

[littleredrooster] 24/8/2006 17:51

1st distribution 14.4p. 2nd distribution 16.6p. That's about 2.8% in 6 months. Still on course for more than 5%.



iShares FTSE UK Dividend Plus
24 August 2006

iShares Dividend Declaration

2nd Distribution for the accounting year ending 28th February 2007

Announcement Date: 24th August 2006
Ex Date: 30th August 2006
Record Date: 1st September 2006
Payment Date: 28th September 2006

Fund Currency Rates

iShares FTSE UK Dividend Plus GBP 0.1656
IE00B0M63060